{"id":237766,"date":"2023-09-08T16:20:25","date_gmt":"2023-09-08T16:20:25","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=237766"},"modified":"2023-09-08T16:20:25","modified_gmt":"2023-09-08T16:20:25","slug":"uk-petrol-and-diesel-prices-fuel-costs-jump-by-4-a-tank-bringing-more-pain-at-the-pumps","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/uk-petrol-and-diesel-prices-fuel-costs-jump-by-4-a-tank-bringing-more-pain-at-the-pumps\/","title":{"rendered":"UK petrol and diesel prices: Fuel costs jump by \u00a34 a tank bringing more pain at the pumps"},"content":{"rendered":"

Fuel retailers have lowered margins for now, but will be scrutinised closely as consumers count the cost of filling up.<\/h2>\n


\n<\/p>\n

Mike Rutherford<\/p>\n

Petrol and diesel prices rose by 7p and 8p a litre in August – equivalent to \u00a34 a tank – but pain at the pumps has been eased by retailers dialling back margins to \u2018normal levels\u2019. That\u2019s according to RAC Fuel Watch, which says prices could have been set higher by supermarkets and filling stations.<\/p>\n

\u201cFortunately for drivers, they have clearly been influenced by the Competition and Markets Authority\u2019s investigation as, all of a sudden, margins are once again closer to their longer-term averages,\u201d says spokesman Simon Williams. \u201cIt appears they used the wholesale price rise to subtly cover their tracks \u2013 after all, big reductions at the pumps soon after the CMA\u2019s findings were announced would perhaps have been far too obvious a step.\u00a0<\/p>\n